360 ONE Flexicap Fund NFO: Key details you need to know

12 Jun 2023 , 09:55 AM

360 ONE Mutual Fund (Formerly Known as IIFL Mutual Fund) is launching NFO under its “equity fund category”, named as 360 ONE Flexicap Fund. This open-ended fund aims to generate long-term wealth creation by flexibly investing in equity and equity-related securities across all market caps.

Investment strategy: The Scheme will invest in stocks across market capitalization with no market cap bias. The Scheme will follow a bottom-up approach to stock-picking and choose companies across sectors/styles without any bias. The scheme intends to follow SCDV Framework along with internal (financial analysis, corporate governance checks, risk reward evaluation, etc) and external analysis (conferences, investor presentations, management interaction, primary visits across supply chain, etc) for security /selection.

Asset allocation: The Scheme would invest in equity and equity related securities, listed preference shares, debt and money market instruments and units of RIETs.

Who should invest?

Investors with very high risk appetite and want to invest for 5 to 7 years in a mutual fund should invest in 360 ONE Flexicap Fund. 

Risk associated: Very high level of risk.

Benchmark: S&P BSE 500 TRI.

Fund Managers: Mr Mayur Patel.

The NFO is available for subscription from June 12 to June 26. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment. The fund offers systematic investment solutions like SIP and SWP to create a flexible investment plan. The minimum subscription amount is Rs 1000/- and in multiples of any amount thereafter. 

It offers Regular Plan and Direct Plan. Each plan offers Growth and Income options. Click here to invest in 360 ONE Flexicap Fund.